Report: First Republic Considers Sale After Downgrade
Report: First Republic Considers Sale After Downgrade
March 16, 2023  |  Banking

First Republic Bank is reportedly considering a sale after being downgraded by ratings agencies. The lender is also looking at options for boosting its liquidity,...

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Square and Social Change Fund United Launch Accelerator Program
Square and Social Change Fund United Launch Accelerator Program
March 16, 2023  |  Payment Methods

Square and the Social Change Fund United have launched an accelerator program for Black and Latino entrepreneurs. The new program called Forward includes funding, mentorship...

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FTX Says Bankman-Fried Allegedly Took $2.2 Billion From Alameda
FTX Says Bankman-Fried Allegedly Took $2.2 Billion From Alameda
March 16, 2023  |  Cryptocurrency

FTX’s new management has uncovered $3.2 billion in transfers to the company’s founders. Much of that money — $2.2 billion — went to former FTX...

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Lulus Keeps Trying to Convince Shoppers It’s Not Fast Fashion  
Lulus Keeps Trying to Convince Shoppers It’s Not Fast Fashion  
March 16, 2023  |  Retail

Lulus is not fast fashion. But that’s not what most shoppers think.   Since its inception, the retailer has been clear about its focus on providing...

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Stripe Valued at $50 Billion Following New Funding Round
Stripe Valued at $50 Billion Following New Funding Round
March 16, 2023  |  Payment Methods

Stripe has raised $6.5 billion in a funding round that values the payments firm at $50 billion. The valuation, announced by the privately-owned company Wednesday...

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61% of Millennials Want Real-Time Payments — the Challenge Is Acceptance
61% of Millennials Want Real-Time Payments — the Challenge Is Acceptance
March 16, 2023  |  Real-Time Payments

Making digital payments has become an everyday process for millions of consumers worldwide, representing a giant leap in convenience, security and accessibility over traditional methods...

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Stripe Says It’s Building the Payments Foundation for Tomorrow’s AI Economy
Stripe Says It’s Building the Payments Foundation for Tomorrow’s AI Economy
March 16, 2023  |  artificial intelligence

How do you effectively monetize artificial intelligence (AI) tools that can do anything? With a payments foundation that can support everything they do, Emily Glassberg...

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How the Right Data Helps Merchants Derisk Credit Programs and Boost Sales
How the Right Data Helps Merchants Derisk Credit Programs and Boost Sales
March 16, 2023  |  Consumer Finance

Inflation is constantly forcing consumers to rethink their budgets and how far their dollars stretch. Joe Sharp, CTO of Versatile Credit, told PYMNTS that having...

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Insurance Carriers Use Digital Payments and AI to Shorten End-to-End Claims Process
Insurance Carriers Use Digital Payments and AI to Shorten End-to-End Claims Process
March 16, 2023  |  artificial intelligence

Like many industries, insurers are also being rocked by macro pressures. “What we’re seeing are resource challenges and supply chain issues across the insurance industry,”...

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